Mel Karmazin

It’s tempting to blame the downturn for all the bad news hitting tech in 2009, but downturns have a healthy impact too. They burn away the brush of businesses that looked good enough on paper to keep raising money, but never quite worked in reality. Consider two stories in the news today: The possible bankruptcy of Sirius XM Radio in the next 24 hours and the looming ouster of its… Read More

This isn’t exactly new, in the strictest definition of the word, but why let that stop us? A group of Sirius XM creditors, creditors whose money makes the company hum on a daily basis, have threatened to seek the ouster of chief executive officer Mel Karmazin if the company files for bankruptcy. (Remember: that could happen as early as tomorrow.) The WSJ notes, however, that the odds of… Read More

Sirius XM CEO Mel Karmazin said yesterday that he expects interoperable radios (that is, radio that can receive both Sirius and XM, full-on) in less than nine months. (The FCC gave the combined company nine months to come out with such radios.) Whether or not that’s in time for the Holiday shopping season…
Now, radios that work with the a la carte service—you have XM but want… Read More